F.N.B. Corporation’s (FNB) first-quarter 2023 adjusted earnings per share of 34 cents outpaced the Zacks Consensus Estimate by a penny. However, the bottom line reflects a decline of 15% from the prior-year quarter.The results were primarily aided by a decline in provisions and higher non-interest income. However, lower net interest income (NII), a fall in average loans and deposits balance and an increase in expenses were the undermining factors. Probably due to these concerns, shares of the company lost 2 ...

F.N.B. Corporation Reports First Quarter 2024 Earnings Reports Record Tangible Common Equity Ratio (non-GAAP) of 8.0% and Strong Non-Interest Income of $87.9 Million On an operating basis, first quarter of 2024 earnings per diluted common share (non-GAAP) was $0.34, excluding $0.02 of significant items impacting earnings per diluted common share. By comparison, the first quarter of 2023 was $0.40 per diluted common share (non-GAAP) on an operating basis, excluding less than $0.01 of significant items impact ...

F.N.B. (FNB) reported $406.87 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 2.2%. EPS of $0.34 for the same period compares to $0.40 a year ago.The reported revenue represents a surprise of +0.15% over the Zacks Consensus Estimate of $406.26 million. With the consensus EPS estimate being $0.33, the EPS surprise was +3.03%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...

F.N.B. (FNB) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.03%. A quarter ago, it was expected that this financial holding company would post earnings of $0.35 per share when it actually produced earnings of $0.38, delivering a surprise of 8.57%.Over the last four quarters, the co ...

Reports Record Tangible Common Equity Ratio (non-GAAP) of 8.0% and Strong Non-Interest Income of $87.9 Million PITTSBURGH, April 17, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) reported earnings for the first quarter of 2024 with net income available to common stockholders of $116.3 million, or $0.32 per diluted common share. Comparatively, first quarter of 2023 net income available to common stockholders totaled $144.5 million, or $0.40 per diluted common share, and fourth quarter of 2023 net incom ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? F.N.B. (FNB) , which belongs to the Zacks Banks - Southeast industry, could be a great candidate to consider.When looking at the last two reports, this financial holding company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 9.84%, on average, in the last two quarters.For the last reported quarter, F. ...

Investors are always looking for stocks that are poised to beat at earnings season and F.N.B. Corporation (FNB) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because F.N.B. Corp is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good ...

Wall Street expects a year-over-year decline in earnings on lower revenues when F.N.B. (FNB) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 17. On the othe ...

PITTSBURGH, April 2, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) announced today that it plans to issue financial results for the first quarter of 2024 after the market close on Wednesday, April 17, 2024. Chairman, President and Chief Executive Officer, Vincent J. Delie, Jr., Chief Financial Officer, Vincent J. Calabrese, Jr., and Chief Credit Officer, Gary L. Guerrieri, plan to host a conference call to discuss the Company's financial results on Thursday, April 18, 2024, at 8:30 AM ET. Participants ...

PaulMcKinnon Shares of F.N.B. Corporation (NYSE:FNB) are trading near a 52-week high, up 19% from a year ago, which has lagged the S&P 500’s 30+% return over this period. Most regional banks have been underperformers over the past 12-18 months, given the challenges caused by the Q1 2023 banking crisis, though FNB has acquitted itself fairly well. Additionally, since recommending shares as a buy in November, FNB has returned over 18%, a bit ahead of the S&P 500’s 15% return. I have been impressed by rece ...